Tag: Alibaba

Alibabacoin Foundation and China’s Alibaba Holding Group is having a dispute over trademark licenses in the Manhattan court of the United States of America. Alibabacoin Foundation CEO, Jason Daniel Paul Phillip stated that Alibabacoin Foundation offered a settlement to Alibaba Group Holdings a month ago. In response while looking at the ongoing settlement negotiation, Alibaba Group said that they are…

READ MORE

According to a research report released on Friday, August 31, 2018, by iPR Daily, a media company specializing in intellectual property, Alibaba currently has over 90 patent applications on blockchain-based technologies.  On an international level, the Nikkei Asian Review reported that the internet giant has filed for over 10 percent of the world’s blockchain-related patents. Alibaba Leads China’s Ambitions to Dominate…

READ MORE

Alibabacoin Foundation is one of the few cryptocurrency companies to introduce a native wallet that can support six different types of cryptocurrencies. The Multi-Crypto wallet, available for the Android users has received great response from the users on Google Play Store. This wallet allows the user to store and exchange six cryptocurrencies simultaneously while the foundation is also planning to…

READ MORE

On August 27, 2018, e-commerce giant Alibaba announced that it would push its incorporation of open ledger technology further by launching a blockchain service through its cloud computing arm, Alibaba Cloud. Alibaba’s Blockchain Push According to a report by The Asia Times, Yi Li senior software engineer stated that the company now understands the value of blockchain in providing “the…

READ MORE

Jack Ma, co-founder of e-commerce giant Alibaba, publicly launched a new blockchain-based money transfer service under his company, Ant Financial and maintained his positive sentiments on blockchain technology. However, he continues to support his pessimistic stance on  Bitcoin – referring to it as a bubble. Blockchain-Powered Low-Fee Remittance Payments Ant Financial, formerly known as Alipay is an affiliate of the…

READ MORE

Jack Ma, the billionaire founder of Alibaba, is the latest member of the “blockchain only” movement. Speaking during the Second World Intelligence Conference in Tianjin taking place on May 16-18, Ma said that bitcoin, not blockchain is a bubble. He also expressed his dissatisfaction with the level to which the technology is being implemented. According to him, the technology behind…

READ MORE

After the recent tiff involving ‘Alibabacoin’ and e-commerce giant Alibaba, wherein the latter sued Alibabacoin for misuse of their name, Taobao, a subsidiary of Alibaba, has banned all things crypto on its website. Taobao Bars Crypto Services Taobao has updated its list of goods and services that are barred from being sold on their platform, and it includes all services…

READ MORE

You’d be forgiven if you came across “Alibaba Coins” and considered it to be another of Jack Ma’s brainchild. Truth be told, the actual Alibaba Group Holding Ltd. (BABA.N) sued the Dubai-based firm who were profiting from their name. The profits are no joke either, as the fraudulent company used Alibaba’s trademarked name and since have raised more than $3.5…

READ MORE